“There is widespread agreement among Democratic and Republican observers that the GOP is headed for a loss of seats in the fall. But the depth of those losses remains a point of real debate, as more and more Republican districts appear to be vulnerable while the GOP campaign arm continues to struggle to match its Democratic counterparts in fundraising.” In both the House and Senate, it seems, 2008 is looking to be a rough year for the GOP.
Category: The Pelosi House
Ok, ok, we need oversight.
“‘Our current regulatory structure was not built to address the modern financial system with its diversity of market participants, innovation, complexity of financial instruments, convergence of financial intermediaries and trading platforms, global integration and interconnectedness among financial institutions, investors and markets,’ Paulson said this morning.” Stick a fork in free market fundamentalism: In light of recent economic events, Dubya Secretary of the Treasury Henry Paulson proposes a massive overhaul of the nation’s regulatory apparatus. The plan, which among other things bolsters the powers of the Fed and phases out the SEC, isn’t getting the most favorable reception from Dems thus far. Said Chris Dodd: “Regrettably, the Administration’s blueprint, while deserving of careful consideration, would do little if anything to alleviate the current crisis — which was brought on by a failure of will.” Still, with even Team Dubya and its allies signing off on the need for it, regulatory reform of Wall Street and financial markets looks to be on the table to stay, one way or another.
Supers, get Supering. | Pork King for Clinton.
“In Washington, there’s no happier situation for a politician than to be doing absolutely nothing and getting great press for it. But let’s be clear about one thing: keeping their powder dry profits the superdelegates, but comes at the expense of their party. It shouldn’t take Solomon to see that.” The Atlantic‘s Josh Green argues that the superdelegates should get cracking on their decision, if they’re serious about a long race hurting the Dems.
And, in related news, Sen. Clinton picks up her first two superdelegates in a month: DNC rep DNC rep. Pat Maroney of WV and, more notably, Rep. John Murtha of PA. Murtha, a.k.a. “the Pork King,” has not only been an enemy to ethics reform, but has a litany of shady scandals to his name, from Abscam to PAID. (Not for nothing did CREW name him one of the 20 most corrupt representatives in Congress.) And, of course, Murtha led the House in earmarks last year, clocking in at $162 million (thanks to his gig as the Appropriations Defense Subcommittee Chairman.) So, given that he’s part of the problem and not part of the solution, I’m not at all surprised he’s chosen to endorse the candidate who’s rife in lobbyist money and who won’t release her own earmarks. That’s one super you can have, Sen. Clinton.
It’s Foster. (Australian for Hastert.)
Even in the heart of Republican country, it’s not looking good for the GOP these days. In a special election this evening, Democrat Bill Foster wins Dennis Hastert’s seat in Illinois. This means not only an additional House vote for the Dems, but another likely superdelegate for Sen. Obama (who cut an ad for Foster and donated his get-out-the-vote apparatus to the cause.) Can anyone say coattails?
In Contempt.
At long last, some movement on the persecuted prosecutors front. As the Republicans walk out in a huff (after disrupting Tom Lantos’ memorial service — classy), the House votes to hold Harriet Miers and Josh Bolten in contempt of Congress. “The citations charge Miers with failing to testify and accuse her and Bolten of refusing Congress’ demands for documents related to the 2006-2007 firings.”
More Endorsements, and the Big Three.
“‘Sen. Obama has been talking about hope and change and improving the morale of this country,’ Mr. Anchia said. ‘Gen. Patton once said that 80 percent of leadership is improving morale. And right now the country is in a pretty demoralized state and looking to get out of it, and I think Sen. Obama has the most compelling message there.’” More recent Obama endorsements of note: Rep. Rafael Anchia (representing Dallas), Rep. Charlie Gonzalez (representing the San Antonio area), and Northern Virginia Rep. James Moran (this last one, it seems, might actually hurt Obama.) Sen. Obama also seems to have made fans across the aisle in former Secretary of State Colin Powell and former Senator Lincoln Chafee. Meanwhile, checking in on the Big Three of remaining endorsements (that is, presuming Speaker Pelosi stays neutral until a candidate is decided):
Al Gore: Every few days a rumor circulates from the Clinton campaign side that Al Gore is set to endorse Obama. But, despite “unbelievable” animus reported between the Clintons and Gores, no word from the Nobel Prize-winner yet. Presumably, he’s waiting because either [a] he doesn’t want to endanger his post-partisan cachet or [b] he senses the Democratic Party might need people who seem above the fray to broker a pre-convention deal. Either way, it doesn’t seem like he’ll be getting involved anytime soon. Update: CNN reconfirms: Gore sources say he’s staying out of it.
John Edwards: Here’s where a lot of the attention seems to be at the moment, given that a Thursday meeting between Clinton and Edwards leaked, and a planned Obama-Edwards meeting today was postponed. At the moment, media speculation seems to be that Edwards’ endorsement is truly up for grabs, although as I said here, given his previous statements about Clinton’s “status quo” campaign, I’d think he’d have to be leaning toward Obama (or risk losing quite a bit of credibility.) In their report on the Clinton-Edwards meet, CNN said that two friends of Elizabeth Edwards said she preferred Obama. If that’s true, that would seem to clinch it, but one never knows, and now “sources close to the Edwards family flatly deny that she favors one candidate over the other.“
Russ Feingold: Sen. Feingold, whose endorsement may well carry more weight than that of Edwards (particularly in upcoming Wisconsin) has said he’s planning to endorse after the Feb. 19 primary. He’s previously been very critical of Edwards, and some see that playing a role in the Obama-Edwards discussions at the moment. Again, given the previous dust-ups between Feingold and Clinton, I’d think the Wisconsin Senator would be leaning Obama. But he’s spent a lot of time with both candidates, and he doesn’t look to be moving off the fence before the 19th, after which he may likely just follow the choice of his state.
In short, now that we’re past Super Tuesday, it seems the Big Guns mainly want to see how things will play out. Update: The Man Who Fell to Earth? Greg Sargent’s sources say Sen. Clinton is about to pick up a decently important endorsement in former Ohio Senator John Glenn. Hmm, that’s too bad. I’d have liked to have Sen. Glenn in our corner. Ah well, godspeed regardless.
Lantos Passes.
“It is only in the United States that a penniless survivor of the Holocaust and a fighter in the anti-Nazi underground could have received an education, raised a family, and had the privilege of serving the last three decades of his life as a Member of Congress. I will never be able to express fully my profoundly felt gratitude to this great country.” Rep. Tom Lantos, 1928-2008.
Don’t forget the parasites.
“The feeding frenzy begins this week at the Senate Finance Committee. At least that’s the hope of dozens of interests eager to get a free ride on the first must-pass piece of legislation of the year: the economic stimulus package.” As the House passes its bipartisan economic stimulus package 385-35, lobbyists make a mad dash across the Capitol to get their hooks into any Senate tampering with the legislation. “That’s why every lobbyist worth his e-mail address has trained his sights on the marble floors and wood paneling of the Dirksen Senate Office Building, home to the powerful finance panel.“
Congress/Judge to WH: Tear down the Wall!
So much for those early, hopeful signs of independence…Attorney General Michael Mukasey tries to stonewall both a Congressional investigation and a Judicial investigation into the destroyed CIA tapes, arguing it would impede the Justice Department’s own inquiry into the matter. “‘We are stunned that the Justice Department would move to block our investigation,’ Reps. Silvestre Reyes (D-Tex.) and Peter Hoekstra (R-Mich.) said in the [responding] statement. ‘Parallel investigations occur all of the time, and there is no basis upon which the Attorney General can stand in the way of our work.’“
And, in somewhat related news, conservative judge Royce Lamberth, who earlier butted heads with the administration over FISA, rules that — despite what Dick Cheney thinks on the matter — White House visitor logs are public records, meaning visits from “Casino Jack” Abramoff and/or religious conservatives can no longer be kept secret on account of (dubious appeals to) “national security.” Looks like it’s win-some, lose-some for Dubya’s imperial pretensions this week.
Ballad of Casino Jack, Refrain?
“The White House has said that Jack Abramoff had very little contact with the President’s staff and that it wanted all the relevant facts to be public. The 600 pages of documents it is withholding are directly relevant and should be produced.” Remember Casino Jack? Henry Waxman does, and has asked the White House to produce 600 pages of information previously withheld from the House investigation into Abramoff’s activities. (And this time, the White House might actualy play ball. Given an out by Waxman — that the information might be shown only to committee staff rather than going public — White House Counsel Fred Fielding pounced, “saying he was ‘pleased that such a concept is proposed in your letter’ and pledging to ‘seek to accommodate our respective interests in the documents we have withheld.’“)